$695,000
UNDER CONTRACT

Estimated payment $4,169/month

Total Views 598
-- Bed
-- Bath
2,500 Sq Ft
$278 Price per Sq Ft

Highlights

  • Stainless Steel Appliances
  • Central Heating
  • Property is in excellent condition
  • Energy-Efficient Appliances
  • Dwelling with Rental
  • 4-minute walk to Letterly Green

About This Home

Welcome to 1928 E Cumberland Street – a fully renovated quadplex located in the heart of Fishtown. This turnkey investment opportunity features four units: two studios and two bi-level 2-bedroom, 2-bathroom units. All units have been completely updated with brand-new appliances, modern finishes, and mini-split ductless systems for heating and cooling. The 2-bedroom units also include in-unit washers and dryers.

Additional highlights include a 10-year tax abatement, offering significant long-term savings. Conveniently located near top-rated restaurants, entertainment venues, public transportation, and everything Fishtown has to offer.

Ideal for investors seeking a low-maintenance, income-producing property in one of Philadelphia’s most desirable neighborhoods. Whether you're looking to expand your rental portfolio or step into a hassle-free investment in a high-demand area, 1928 E Cumberland Street delivers exceptional value and long-term potential.

Listing Agent

Manny Adames

Opus Elite Real Estate License #RS328479 Listed on: 07/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,675

Year Built

  • Built in 1875

Lot Details

  • 1,566 Sq Ft Lot
  • Lot Dimensions are 18.00 x 87.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Dwelling with Rental
  • Brick Foundation
  • Masonry

Interior Spaces

  • 2,500 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Tax Lot 152
  • Assessor Parcel Number 314004100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,675

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat, Dwelling With Rental
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 7/14/2025 12:00:00 AM
  • Year Built: 1875
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 1928 E Cumberland Street – a fully renovated quadplex located in the heart of Fishtown. This turnkey investment opportunity features four units: two studios and two bi-level 2-bedroom, 2-bathroom units. All units have been completely updated with brand-new appliances, modern finishes, and mini-split ductless systems for heating and cooling. The 2-bedroom units also include in-unit washers and dryers. Additional highlights include a 10-year tax abatement, offering significant long-term savings. Conveniently located near top-rated restaurants, entertainment venues, public transportation, and everything Fishtown has to offer. Ideal for investors seeking a low-maintenance, income-producing property in one of Philadelphia’s most desirable neighborhoods. Whether you're looking to expand your rental portfolio or step into a hassle-free investment in a high-demand area, 1928 E Cumberland Street delivers exceptional value and long-term potential.
  • Special Features: UnderContract

Interior Features

  • Appliances: Dishwasher, Dryer, Energy Efficient Appliances, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 278.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1928

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 18.00 x 87.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1566.00
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2618.00
  • Tax Annual Amount: 4675.00
  • Assessor Parcel Number: 314004100
  • Tax Lot: 152
  • Tax Total Finished Sq Ft: 2500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 4
  • Single Room Units Count: 2

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,578 $334,000 $66,800 $267,200
2024 $5,578 $334,000 $66,800 $267,200
2023 $5,578 $398,500 $79,700 $318,800
2022 $2,124 $398,500 $79,700 $318,800
2021 $2,124 $0 $0 $0
2020 $2,124 $0 $0 $0
2019 $1,971 $0 $0 $0
2018 $976 $0 $0 $0
2017 $976 $0 $0 $0
2016 $976 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $69,700 $16,435 $53,265
2012 -- $7,456 $912 $6,544
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $695,000 -- $278 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $76,500 None Available
Interfamily Deed Transfer -- --
Deed $34,500 --
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2515796

Bright MLS

APN: 314004100